Mobile Global Esports, Inc.
MGAMOTCConsumer Discretionary · Services-Amusement & Recreation Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | $3,697 | $25,409 | $4,962 | — | — |
| Operating income | −$2.2M | −$1.6M | −$6.8M | −$1.3M | −$262,360 |
| Net income | −$2.3M | −$2.3M | −$6.8M | −$1.3M | −$262,360 |
| Total assets | $1.7M | $1.1M | $3.4M | $9.3M | $301,200 |
| Total liabilities | $1.8M | $82,078 | $324,138 | $246,268 | $31,814 |
| Equity | −$161,677 | $1.0M | $3.1M | $9.0M | $269,386 |
| EPS (diluted) | $-0.05 | $-0.11 | $-0.32 | $-0.07 | $-0.02 |
| Shares out. | 44.2M | 21.2M | 20.4M | 20.4M | 16.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −58371.1%
- Net margin
- −61150.7%
- Return on equity
- 1398.3%
- Return on assets
- −136.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 110.8%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- −85.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -39.00distress
- Accruals / assets
- −72.2%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Mar 28, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 7 | 1.0 | 0.0% |
| Apr 30, 2026 | 7 | 1.0 | -81.6% |
| Apr 15, 2026 | 38 | 1.0 | -44.9% |
| Mar 31, 2026 | 69 | 1.0 | 0.0% |
| Mar 13, 2026 | 69 | 1.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligationMay 4, 2026
- Director / officer changeApr 24, 2026
- Director / officer changeApr 13, 2026
- Amended charter or bylawsJan 12, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleDec 2, 2025
- Entered a material agreement · Unregistered equity saleOct 20, 2025
- Entered a material agreement · New financial obligationSep 22, 2025
- Entered a material agreement · New financial obligationSep 9, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QQUARTERLY REPORTMay 15, 2026
- 4OWNERSHIP DOCUMENTMay 14, 2026
- 3OWNERSHIP DOCUMENTMay 14, 2026
- 8-KCURRENT REPORTMay 4, 2026
- 8-KCURRENT REPORTApr 24, 2026
- 8-KCURRENT REPORTApr 13, 2026
- 10-KANNUAL REPORTMar 31, 2026
- DMar 5, 2026
- 424B3PROSPECTUSFeb 23, 2026
- EFFECTFeb 20, 2026
- CORRESPFeb 19, 2026
- UPLOADFeb 18, 2026
- S-1REGISTRATION STATEMENTFeb 12, 2026
- 8-KCURRENT REPORTJan 12, 2026
- DEF 14CDEFINITIVE INFORMATION STATEMENTDec 22, 2025
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.